British experience suggests that mergers matter with respect to the evolution of systems of ownership and control and that the … influence on the evolution of share ownership arrangements …

This short technical report provides an empirical analysis of the level of institutional block ownership overall, and … of foreign block ownership, at a broad set of publicly traded corporations. Disclosed institutional blockholders of every … in three companies in the S&P 500 has one or more block holders with 20 % ownership, and one in eleven (9%) has one or …

I analyse the effect of ownership structure and bank control on performance. I employ a unique data set of 715 German … takeovers to test whether group structure, large shareholders, and bank control affect their value to shareholders. First, I … find that takeovers increase bidder value, but generally not that of the business group surrounding it. Second, majority …

equity owned firms. Among public companies, purpose is lower for firms with high hedge fund ownership and higher for firms …

reforms in India, the results of our empirical analysis provide evidence of strong ownership effects with board independence …

This chapter documents the evolution of ownership and control of firms around the world over a hundred year period from … stock markets and contrasts these with the persistent patterns of ownership that are observed in many countries around the … world. In particular, it documents the growth in dispersion in ownership that took place in many countries from the early …

Purpose The ownership structure in Japanese firms has experienced a significant change recently, fueled primarily by … ownership on the default risk of Japanese firms. Design/methodology/approach We collected data from the Nikkei Corporate … using alternative estimation techniques. Findings Results show a significant positive influence of insider ownership on …

CEMs to measure the divergence between control and ownership rights. Supporting the rent extraction hypothesis, holding … business group companies have lower dividend payouts as the divergence between control and ownership rights widens and the …

: French-speaking directors are prevalent in Swiss French boards and German-speaking directors in Swiss German boards. More … importantly, however, boards of these two parts of Switzerland are more likely to be structured as in their respective neighboring …